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Move money partially to European funds

Europe is coming out of the woods & is expected to give good returns, but prospects from US look equally good

This month, three fund houses - Religare Invesco, JP Morgan and Deutsche AMC - launched Europe-focused schemes. Many others are expected to follow suit. Reason: Europe's prospects seem to be improving. Industry experts say Europe is at the point where the US was in 2011 - just about to recover. That makes it an opportune time to invest in the European story. According to a presentation Religare Invesco at the launch of their new fund offer (NFO) for pan-Europe fund, out of the top 11 sectors, all, barring consumer goods, are currently trading at a discount to their long-term average ...